Sign up to receive our analysis!

Weekly analysis

USD/JPY Forecast (June 8-12)

Weekly chart analysis

The weekly chart indicates that USD/JPY price will go up to 133 level for closing the gap formed in 2002. Also the MACD  confirms an uptrend in the next months. In our opinion, a good strategy for long term would be to buy this pair until at least 133 level.

USDJPY weekly page 001 1

 Daily chart analysis

The price on daily chart is still above EMA 55 and this is a confirmation for uptrend in medium term. Even if in short term can be a small retracement, in medium term this pair is still in uptrend. The uptrend is confirmed also by the positive MACD.

USDJPYdaily page 001 1 1


AUD/USD Forecast (June 1-5)

8-hour chart analysis

This pair might enter soon in a retracement around 0.7625 level, according to MACD on 8-hour chart.The price level for AUD/USD might rise around 0.7890 where is Fibo 50%.

AUD8hour page 001 1

4-hour chart analysis
According to 4-hour chart, RSI indicator need to rise above 50 in order to see an uptrend in near term for this pair.

AUD4hour page 001



download follow on googleplus twitter2

Sign up to receive our analysis